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<br /> -- - per{ods�hat Le�ulee isequIc+�s. ltte insu�cafrier pruvldie��tt�.c insursttse sJtall Ne chosen�by Berrower su�jcct tu t.ettcler� -
<br /> approval whict�sha11 not be tutteasonabiy withheld. [f Barrower fails tu anaintu[n wver�ge descrilx�:��►bove.I�n�cr map.at
<br /> ___--_ . Lender�s aptlun,obtain covex�a to pmtoct i.ender's rig��ts in the p1ropecty fn acxaPCla�toe�vith pt�agn,p9�7.
<br /> ------- ACl insurance po�icies rin�l hnewais shall be aceeptable to 1 c��der end shall incJ�edo a siandard mmtgaEe clause. Lender _
<br /> shalt{'tavc ihe ri�ht to hofd tho polia�es and rertewats. i�LenOer requtms,�asi�vrr sliall pramptly Qivo to Lender ail rrceSpts
<br /> ---�°����' �`"�'"' , of pafd prem[ums and renewnl cwi�cas. in the event of loss.Borrawer shall give pmmpt ttotice to tha tnsur�ce carrier and
<br /> - � -- - -�
<br /> Lxndtr. L.endcr may malcc proaf of loss if not madc prompdy by Bor�wer. ' �
<br /> _------=:,:,a Un2�L.ertdu�d�mrau�sr atl�er�vl�agtu in+arFdag.�rat�ptm�tds st�s!!�apglls�so�t�retlon c+r re���of
<br /> ���"t=`�'•'•Y`� the Peaperty damaged,if the�storation or cepaIr is eooaomIcully feasible und Ixnderk r,ecurity is not lesstntd. If tha
<br /> y�� restornda�or ne�,tir�s not economicully feasible or Lender§secwity would be lessened.ihe insurat�ae p�orxde sAall be
<br /> __:�;���•r;.���, appl{cd to the sum� securod by this Se�urity Iaswmen�whather or not then due,with uny ezoesF puid to Borrower. If
<br /> `_����t,,;;u'+• Bomnwer abandons the Woperty,ar do�s not ans�ve�within 30 days a notice from l.ender that tho insumnoe cartier hus
<br /> - ""':�`�'-•��. offered to settle a ciuim,th�.m L.ender muy coltect the�nswance pmoceda. Lenaet muy use the pmoeeda to rcpau or t�estore _
<br /> N''�'�`' ���:=°r-" the�operty or to pay sums secured by this Seswity Insuument,whether or not then due. T9re 30�day period w i�1 begin when
<br /> the notIoe is given.
<br /> 't' �. Unless Lender and Bflrrower othenvise u�in wr�ting,any upplicution of prnaeads to pri�ecipal shWl not extend or
<br /> . .. ,.,. postpone the duc dote of the monthly pF►yments refemed to in paragaphs 1 and 2 or change the aznarrat of the payments. If
<br /> � ' under P�S'�Fh 2! ol►e Pmperty is acqui�nad R►y Leader.Horsower�s rig�t to any insureace pirlisies�p�oeeds resuiting
<br /> • fram damage eo dne L�ro�erty�viiQp co tine acQuisisian shall pa6s co[.¢rd ec to d�e extent of the scnsw r�e+�d by rlus Secutity
<br /> � y�-+ �nsuument dmn�diac�iy�msnr On�fioea�q¢flsnr�a�z.
<br /> ; � Q �c�}u�p� Frr��s�i, 15�� � �� mff td�e�r�aFertY; Barm�aYea�� ILect�ra l���CFs�; •
<br /> � �asedolds. Bmroar¢t slnall oocupy.establisVh,a:e�fl us�e die Ptr�pertq as�mrower's pzincipal�esid.�ttse ari¢tr.ire sisc¢r daqs a�tee
<br /> the execution of this Security Inswment a.�shall conrinue to aoctr.�q sl`�Plropetty as Botrower�s p�irr.ci�al aes'c�mce far at
<br /> least one year after the date of aocup�artrtc�r. �ndess Lender oile•emNis¢ agrees in writing. .vhecCn co�nt s�'aall rtm't 6� �r•
<br /> •••�:' unreasonably withheld or unless eatenuaaie�g rircumstances euist wBeirh are beyond Somnwer's c�a�cm�7. lBa.rt�m.+r¢Q�Rea�l nnt
<br /> �-' ��� • destroy.damage or impair the Property.allow the Prm�r to deteriorate.or comtmit avaste on the Property. �nr�z:¢r st�all �:_
<br /> ";�;�' be in default if any forFeienrsp artion or pmceeding.w2rrr�➢eir cwil or criminal,is beguea tltat fi Lenderk gaod faiWn �u�igm�att
<br /> '�;�'?��` "' coald result in fotfeiwee o4'a0►e Property or othenvise rrteateiitilly imagair the I�en cm.atecl by this Security Ins+t�u�amt a� �
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<br /> . l.ender�s secur6ty inceres4 �orrower may cure such a defau!¢tviesl mians�4e.as providod in para�aph 18.by csusing thc actian
<br /> ' or pra�eading¢o bz aAis�m3s�d with a ruling that,in[.ender�gaod fa5afi�deteanination,pcecludes forfeitur�of the Bomower's �
<br /> intemst in th$ �rc��+er�}�or attmr material impairtnent of ttrr 16en cr�eate�l by this Security Instiument or Lender's securiry
<br /> ���+�:.',� . interest BorII+ouer shaU also be in default if BorronEr, during the loan application process. gave materiatly fxlse or
<br /> �l:;;ti`�'.rp•
<br /> :,.,,�`y;.t, inaccurate info�nnadon or stucements to Lender(or failed uc�,�+rc+vlde Lender with any material infomiarion)in oonnsc�dmn with
<br /> '���'�e�' •- the loan ev�d�m�t a th2 Note. �ncludm but not U�au�t:1 to, re resei►tations concemin Bmrower's occu anc oi the °
<br /> � .k��., Y & P g P 3+' --
<br /> ,� .•'' Property as��mir.ripsat�esidrnce. If dris Srrariry Inswment is on a leasehold.Borrower shall comply with all the pr�avisions
<br /> ,. . , •�' of the lease. �ft�omawer acquires fee titDe to�e Propecty.the leasehold and the fee otle shall not metge unless L.ender ag�+ees
<br /> „ ,. W tlte merger im wrtcang. —
<br /> :}�;. 7. Prot�c4�oan of II.�rtudlmr's Righls in t6e Pro�re�to: if Borrower fails to pedotm the covenants and tip.�menu :
<br /> artu
<br /> ,:�`4; contained in this Serurity d�:,�ttumenG or the�+ee is a lega9 �:oceeding that may significandy affect Ixnder§vn�'t:ls in the +
<br /> ;,y;�� ' , Property(such as a prameding in bankrupuy,pmbate.for crmdemnation or fo�feitune or to enfone laws or reguDa•ri�ens),then �`.'
<br /> ' Lender may do and pay for whatever is necessazy to ptotert the value of the Prope�ty artd l.ender's rights in the Property. ��i���
<br /> • I.ender's actions mny include paying any aums secured by a lien which has priority over this Security InstrumenG appearing
<br /> ' , in court,paying masonable attomeys'fees and entering an the Property to make tepairs.Although L.ender may ta'�e action ,
<br /> :•,�ti, under this paragraph 7.I.ender dces not have to do so.
<br /> '':i;� My amounts disbur�ed by I.ender under this paragraph 7 shall become ad�ditucnna9 debt of Bomnwer sec�e�i'�y titis
<br /> '''"" Securi Inswment. Unless Bomower and[.ender a to other tertns of a ment,thesr amounts shall bear interest from the
<br /> .. t,^.. �Y P-�'� P Y
<br /> _ date of diisbursement at the Note rate and shall be payable,with interest,upon nodcx from Lender to Botrowe�c+equesdng
<br /> paymenG
<br /> & Mortgage Insurance. if L.ender reyuireci mortgage insurance as a condition of maF.6e�g•�::loan secuned by this
<br /> "�T f �acurity Instrument, $omower�hall pay the premium�reyuired to maintain the rteoraFa�� i�sc:rar�:c�In efFecG !f, for any
<br /> '�' aes�wn, the mortgage insurance coverage reyuired by Lender lap.+e� or cea�es to lbr im e�'ect, Borrower shatl pay the
<br /> � p�miums required to obtain wverage +uhstantially eyuivalent tn the mortgage insurnn�e pnti�,,a+iy in effect, at a cost ,
<br /> � . substanually equivalen!to the wst to Borrower of the mortgage in+urance pmviou�ly in effrct,3c�n:an altemate murtgage ' �
<br /> insut�er approved by l.ender. If sufi�tantially eyuivalent morteage imurance rrnerage i�not avail;al�'l�,Bormwer�hall pay to
<br /> ' Lender each m�unth a�um eyual to onr-tw•elfth of the yeatly mortgage insunuue premium being puid by Bomower when the
<br /> insvrance crnvrrage lapsed or ceatied to be in effcrt. Lender will accept,u,e and retaim nht+e pa�nnent�a,a loss reserve in lieu I
<br /> �. " c�7'�rtgage icexurance. Lo.• reserve payment.may no���n�er be reyuired, at t➢�r m�ion of Lender,if mortgage in�wance � �
<br /> '������ e�ra�rage iice el��amount and r'.+r the period that Lender�.w.:re+l pro.ided b�•an inwrcr approved hv Lender again become+
<br /> '�.�.�` �
<br /> ;'t.,ti ,��_ av�la�9e 3r.d a.oacaimed.�unower shall px�•the pmmium.rryuircd em n••.:.intain mortgage in.urana�r o�effect,or to provide a
<br /> ,f i,E los..resere,e.:��nc[I sl`ie reyuirement for mon•;a•_e imuranre end.in ac�ur�i,_nce aith:u�y��ritten agreement betwern Borro�cer
<br /> ;'<<;.., <.c�cl Lamclr�r a�r.applicable law.
<br /> �'��'•`•' 9. Yns ection. Lend�r cr it�a ent ms?•�e:I+r r�_�+:�n�ble entrir.u n:ind in, u��n+uf the Pru rty. Lender,hall - �c
<br /> .,, :.•- P 8 P� P�� Pe
<br /> :'��:` g�ve�omower notice at thr ccn•r_uf or pri.Tr ta as i<rv�:���::�il,<perifyin�m:�+onable�autie for the impertion. �
<br /> .�, 10. Condemnatton. Th�prcxred�c�E wea a�ard���-�laim fur damage.,dimct or ron+cyuentiat,in connertion u•ith any ��� '`
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<br /> Smglc FamJ}--o-a�mu 09er4rtddie�tac t\IFOQte9�»'TRI�tE\T--l mh�rm C'�..rnant. 9'9D ��uc�?�Jn�+,i�r.,
<br /> urst t:]e.e_�a emn tu ■ '
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